4 ms·

They could save a substantial amount of the salaries by offshoring their technical team. Even to the UK, where tech salaries top out around $100k.

by porker 7y ago

angarg12 7y ago
Do they though? I've read about senior level offers from Uber in London paying about 160k£. Might help explain their current situation.
tigershark 7y ago
Definitely not true, you can get much more than that in London.
- porker 7y ago
  In which verticals / with which tech stacks?
  - tigershark 7y ago
    No idea for tech firms.. But just as an example: https://amp.theguardian.com/technology/2019/apr/03/google-uk-staff-earn-230000-salary-average-2018 https://amp.theguardian.com/technology/2019/apr/03/google-uk...
throwitaway2364 7y ago
> the UK, where tech salaries top out around $100k. Citation needed. I work in a FAANG in London. I am a middle-performer in a non-senior position and not even a "real" software engineer (I code, but its not my main job responsibility) and I am £84K/$101K basic, £149K/$180k total-comp. If I were a proper engineer, I'd expect to get at least 15-20% more than that, and if I were promoted to a "senior" position I'd expect a similar 10-15% pay rise too. There is money to be had in London.
- throwaway082729 7y ago
  Total comp for a middle engineer at Uber is $450k.
  - mattlondon 7y ago
    That would be high for London for a middle-tier engineer! Although London is just as expensive as SF in terms of living expenses, we tend to be significantly underpayed by comparison IMO. "Market forces" etc.
  - alexpetralia 7y ago
    Does this include stock-based compensation? If so, roughly how much is cash and how much is stock (vesting within the first year)?
    - throwaway082729 7y ago
      $230k can including bonus and $225k in RSU with can guarantee
      - alexpetralia 7y ago
        Interesting! Is that for example: * 150k cash base * 80k cash bonus (between sign-on & EOY performance) * 225k vests in the first year? 900k over 4 years? * What's an RSU guarantee? Does it convert to cash if some price is not met by the time it vests? I couldn't find anything on Google about this, but I am probably looking in the wrong place
  - sonofaplum 7y ago
    Do you have direct experience or knowledge of this? Cause this doesn't square with my anecdotal knowledge or my sense of the bay area labor market. For instance levels.fyi quotes total comp for mid level engineers in the 250 range, which tails much closer to Google, Facebook, etc.
    - 7y ago
yulaow 7y ago
If they really wanted to offshore there are far better countries in Europe in which there are very high skilled english-speaking engineers for far lower salaries than those in London.
lordnacho 7y ago
My LinkedIn feed (full of recruiters) doesn't show me anything under £100k, so I doubt the market tops out where you say. Plus there's a very large financial tech consulting market where you can make loads more as a contractor.
- porker 7y ago
  Pleased to hear it. My LinkedIn recruiters top out £60-£85k. Consulting is definitely lucrative.
marcinzm 7y ago
>They could save a substantial amount of the salaries by offshoring their technical team. That only works if you're building a new team and product from scratch. Even then if management if in the US the communication issues will cause problems. Trying to outsource an existing live product is very expensive (ie: better get those massive retention bonuses ready so your whole US team doesn't bail the second it's announced) and error prone (ie: rebuilding all that knowledge about the product and market takes time).

They could save a substantial amount of the salaries by offshoring their technical team. Even to the UK, where tech salaries top out around $100k.

by porker 7y ago

They could save a substantial amount of the salaries by offshoring their technical team. Even to the UK, where tech salaries top out around $100k.

angarg12 7y ago

Do they though? I've read about senior level offers from Uber in London paying about 160k£. Might help explain their current situation.

tigershark 7y ago

Definitely not true, you can get much more than that in London.

porker 7y ago
In which verticals / with which tech stacks?
- tigershark 7y ago
  No idea for tech firms.. But just as an example: https://amp.theguardian.com/technology/2019/apr/03/google-uk-staff-earn-230000-salary-average-2018 https://amp.theguardian.com/technology/2019/apr/03/google-uk...

throwitaway2364 7y ago

> the UK, where tech salaries top out around $100k. Citation needed. I work in a FAANG in London. I am a middle-performer in a non-senior position and not even a "real" software engineer (I code, but its not my main job responsibility) and I am £84K/$101K basic, £149K/$180k total-comp. If I were a proper engineer, I'd expect to get at least 15-20% more than that, and if I were promoted to a "senior" position I'd expect a similar 10-15% pay rise too. There is money to be had in London.

throwaway082729 7y ago
Total comp for a middle engineer at Uber is $450k.
- mattlondon 7y ago
  That would be high for London for a middle-tier engineer! Although London is just as expensive as SF in terms of living expenses, we tend to be significantly underpayed by comparison IMO. "Market forces" etc.
- alexpetralia 7y ago
  Does this include stock-based compensation? If so, roughly how much is cash and how much is stock (vesting within the first year)?
  - throwaway082729 7y ago
    $230k can including bonus and $225k in RSU with can guarantee
    - alexpetralia 7y ago
      Interesting! Is that for example: * 150k cash base * 80k cash bonus (between sign-on & EOY performance) * 225k vests in the first year? 900k over 4 years? * What's an RSU guarantee? Does it convert to cash if some price is not met by the time it vests? I couldn't find anything on Google about this, but I am probably looking in the wrong place
- sonofaplum 7y ago
  Do you have direct experience or knowledge of this? Cause this doesn't square with my anecdotal knowledge or my sense of the bay area labor market. For instance levels.fyi quotes total comp for mid level engineers in the 250 range, which tails much closer to Google, Facebook, etc.
  - 7y ago

yulaow 7y ago

If they really wanted to offshore there are far better countries in Europe in which there are very high skilled english-speaking engineers for far lower salaries than those in London.

lordnacho 7y ago

My LinkedIn feed (full of recruiters) doesn't show me anything under £100k, so I doubt the market tops out where you say. Plus there's a very large financial tech consulting market where you can make loads more as a contractor.

porker 7y ago
Pleased to hear it. My LinkedIn recruiters top out £60-£85k. Consulting is definitely lucrative.

marcinzm 7y ago

>They could save a substantial amount of the salaries by offshoring their technical team. That only works if you're building a new team and product from scratch. Even then if management if in the US the communication issues will cause problems. Trying to outsource an existing live product is very expensive (ie: better get those massive retention bonuses ready so your whole US team doesn't bail the second it's announced) and error prone (ie: rebuilding all that knowledge about the product and market takes time).